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Balancer Holders Approve Liquidation Plan, Reject Official Fork Chain Proposal
Odaily Report: Token holders of DeFi protocol Balancer have voted to approve a protocol liquidation plan and rejected a proposal to launch an official fork chain. Under the plan, pausable pools will transition to withdrawal-only mode starting October 30; BAL holders will need to wait until the end of May 2027, at which point they can redeem their tokens for protocol treasury assets.
BIP-110 Fork Chain Stalls After Mining Only 2 Blocks, Now Over 80 Blocks Behind Bitcoin Mainnet
Odaily News: The BIP-110-supporting Bitcoin minority fork chain split at block height 961,632, and stalled after mining only 2 blocks in approximately 8 hours. It is now over 80 blocks behind the Bitcoin mainnet. The fork chain inherited Bitcoin's current difficulty, but only approximately 2.53% of recent blocks signaled support for BIP-110, far below the 55% activation threshold required to avoid a fork. Bitcoin only adjusts difficulty every 2,016 blocks, and based on current hash rate, it is estimated that this chain would need approximately 350 days to complete its next adjustment. BIP-110 proposes to temporarily prohibit the inscription of non-financial data such as images and text in Bitcoin transactions. Michael Saylor stated that approximately 99.85% of Bitcoin's hash power remains on the mainnet; since both chains accept identical transactions, transactions on the minority chain could potentially be replayed onto the Bitcoin mainnet.